Rents in Singapore have shown a mixed trend over the past 3–6 months, with most property types experiencing a gradual increase, while studios have softened slightly compared to the previous quarter. Overall, the market has edged higher, driven by stronger demand in larger unit segments, even as smaller units see some pricing pressure.
This divergence has been driven by sustained demand from families and sharers competing for 2- and 3-bedroom units, combined with limited new supply in desirable residential estates. At the same time, affordability constraints and shifting tenant preferences have reduced demand for studios, contributing to their mild downward movement despite broader market strength.
The current median rent in Singapore is approximately S$4,600 per month across private residential properties.
Condominium listings
Below are some recent listing examples.
Rent: S$ 3,300 per month
Sqm: 20 m²
Rent: S$ 4,500 per month
Sqm: 55 m²
Rent: S$ 5,000 per month
Sqm: 60 m²
Rent: S$ 7,300 per month
Sqm: 117 m²